Coal India Files for BCCL IPO, Announces Offer for Sale

Imagine Coal India is like a big company with smaller companies inside.

One of these smaller companies, Bharat Coking Coal (BCCL), wants to raise money.

Coal India has asked for permission to sell shares of BCCL to the public.

This is called an IPO.

When people buy these shares, the money goes to Coal India.

This will help BCCL become more well-known.

It is similar to when companies sell a slice of themselves so that more people can invest.